Thursday, January 13, 2011

Mortgages stall on mixed economic news

The benchmark 30-year fixed-rate mortgage remained unchanged, at 4.94 percent, according to the national survey of large lenders. The mortgages in the survey had an average total of 0.38 discount and origination points. A year ago, the mortgage index was 5.23 percent. Four weeks ago, it was 5 percent.
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